SCS SB 374 -- Air Emissions

Sponsor:  Steelman

This substitute requires the Air Conservation Commission to
establish an air emissions banking and trading program.  The
Department of Natural Resources will certify and bank credits
for reductions in air emissions if the reductions are permanent
and do not involve hazardous air pollutants.  Banked credits may
be used, traded, or sold, as long as there are no resulting
adverse impacts on air quality.  If approved by the department,
private entities may also trade credits directly.  In
nonattainment areas, the bank of credits will be reduced
annually by 3%, and net reductions below federally approved
permit conditions may be transferred to offset the construction
of new emissions sources.

Missouri House of Representatives
Last Updated September 13, 2001 at 2:05 pm